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Company Registration No. 10203446 (England and Wales)
PROPERTY DEPOT LIMITED Unaudited accounts for the year ended 31 May 2023
PROPERTY DEPOT LIMITED Unaudited accounts Contents
Page
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PROPERTY DEPOT LIMITED Company Information for the year ended 31 May 2023
Director
Anjum RASHID
Company Number
10203446 (England and Wales)
Registered Office
660 GREEN LANE ILFORD ESSEX IG3 9RY ENGLAND
Accountants
Meer Md Julhash Hossain Meer Julhas & Co R/O 37 Green Street London E7 8DA
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PROPERTY DEPOT LIMITED Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,622 
22,772 
Current assets
Debtors
- 
936 
Cash at bank and in hand
193,041 
121,617 
193,041 
122,553 
Creditors: amounts falling due within one year
(85,815)
(36,545)
Net current assets
107,226 
86,008 
Total assets less current liabilities
125,848 
108,780 
Creditors: amounts falling due after more than one year
(32,574)
(42,168)
Net assets
93,274 
66,612 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
93,174 
66,512 
Shareholders' funds
93,274 
66,612 
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 March 2024 and were signed on its behalf by
Anjum RASHID Director Company Registration No. 10203446
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PROPERTY DEPOT LIMITED Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
PROPERTY DEPOT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10203446. The registered office is 660 GREEN LANE, ILFORD, ESSEX, IG3 9RY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
18% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2022
5,062 
6,643 
22,524 
34,229 
At 31 May 2023
5,062 
6,643 
22,524 
34,229 
Depreciation
At 1 June 2022
911 
4,097 
6,449 
11,457 
Charge for the year
747 
509 
2,894 
4,150 
At 31 May 2023
1,658 
4,606 
9,343 
15,607 
Net book value
At 31 May 2023
3,404 
2,037 
13,181 
18,622 
At 31 May 2022
4,151 
2,546 
16,075 
22,772 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
936 
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PROPERTY DEPOT LIMITED Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
29,732 
- 
Taxes and social security
33,649 
13,986 
Other creditors
22,434 
22,559 
85,815 
36,545 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,574 
42,168 
8
Average number of employees
During the year the average number of employees was 16 (2022: 13).
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